Jabal Omar Names Al-Harthi as New CEO

JABAL OMAR

JABAL OMAR

4250.SA

0.00

On August 11, 2026, Jabal Omar Development Company announced that its Board of Directors, via a resolution dated August 10, 2026, accepted the resignation of Eng. Saleh Habdan Alhabdan from his position as CEO for personal reasons, effective September 3, 2026, while he will continue to serve as a member of the Board of Directors. The Board has appointed Eng. Waleed Ali Al-Harthi as the new CEO, effective September 6, 2026. Al-Harthi brings over 20 years of executive experience in the hospitality sector and asset management, most recently serving as CEO of Abraj Al-Saa'ah Company under the King Abdulaziz Endowment for the Two Holy Mosques.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97500&anCat=1&cs=4250&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.